Every year, billions of dollars of sanctioned Iranian oil finds its way to China, even though on paper the country hasn’t imported a single drop in more than two years. How? On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s Serene Cheong on her team’s investigation into a clandestine shipping hub off the coast of Malaysia that funnels Iranian crude to China.

Read more: The Clandestine Oil Shipping Hub Funneling Iranian Crude to China

Every year, billions of dollars of sanctioned Iranian oil finds its way to China, even though on paper the country hasn’t imported a single drop in more than two years. How? On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s Serene Cheong on her team’s investigation into a clandestine shipping hub off the coast of Malaysia that funnels Iranian crude to China.
Read more: <a href="https://www.bloomberg.com/graphics/2024-iran-south-china-sea-oil-trade/">The Clandestine Oil Shipping Hub Funneling Iranian Crude to China</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

Big Take Asia

The Shadowy Fleet of Tankers Moving Iranian Oil to China

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0a50fb21-1abb-4eb8-9d95-b22d015300f7/transcript

The US Justice Department has announced it would establish a $1.776 billion legal fund to compensate people who claim they’ve been targeted unfairly by the federal government. The plan has been met with swift bipartisan backlash, with some lawmakers calling it a “slush fund” that could line the pockets of Trump loyalists and Jan. 6 rioters with taxpayer dollars.

On today’s Big Take podcast, host Sarah Holder joins Bloomberg reporters Chris Strohm and Erik Wasson to break down the mechanics of the fund, the Trump administration’s rationale for using it and the mounting questions around its oversight and legal grounds.

Read more: Jan. 6 Rioters Who Beat Police May Get Payouts, Blanche Says

Trump’s $1.8 Billion Settlement Fund Hits Senate GOP Backlash

Why Critics Call Trump’s $1.8B Anti-Weaponization Fund an Abuse of Power

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by David Fox; Reported by Chris Strohm, Erik Wasson; Edited by Aaron Edwards.

Fact-checking by Laura Newcombe, Rachael Lewis-Krisky; Engineering by Emma Munger.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The US Justice Department has announced it would establish a $1.776 billion legal fund to compensate people who claim they&rsquo;ve been targeted unfairly by the federal government. The plan has been met with swift bipartisan backlash, with some lawmakers calling it a &ldquo;slush fund&rdquo; that could line the pockets of Trump loyalists and Jan. 6 rioters with taxpayer dollars.
On today&rsquo;s Big Take podcast, host Sarah Holder joins Bloomberg reporters Chris Strohm and Erik Wasson to break down the mechanics of the fund, the Trump administration&rsquo;s rationale for using it and the mounting questions around its oversight and legal grounds.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-05-19/jan-6-rioters-who-fought-police-could-get-payouts-blanche-says">Jan. 6 Rioters Who Beat Police May Get Payouts, Blanche Says</a>
<a href="https://www.bloomberg.com/news/articles/2026-05-21/gop-stalemates-on-trump-ballroom-funding-weaponization-fund">Trump&rsquo;s $1.8 Billion Settlement Fund Hits Senate GOP Backlash</a>
<a href="https://www.bloomberg.com/news/articles/2026-05-21/trump-s-1-8b-anti-weaponization-fund-fuels-corruption-claims">Why Critics Call Trump&rsquo;s $1.8B Anti-Weaponization Fund an Abuse of Power</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by David Fox; Reported by Chris Strohm, Erik Wasson; Edited by Aaron Edwards.
Fact-checking by Laura Newcombe, Rachael Lewis-Krisky; Engineering by Emma Munger.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Unpacking Trump’s $1.8 Billion Anti-Weaponization Fund

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/76c475dd-c4c8-4651-95dc-b457014a52fc/transcript

The Trump administration is ramping up pressure on Cuba’s regime. Just this month, it indicted former President Raúl Castro, announced the deployment of additional military assets to the region and released a video message — featuring Secretary of State Marco Rubio — blaming Cuba’s economic troubles on its government.

The push comes less than five months after the US captured one of Havana’s staunchest allies, Venezuela’s Nicolás Maduro, which choked Cuba’s oil supplies and plunged the island into darkness.

On today’s Big Take podcast, host David Gura and Bloomberg State Department reporter Eric Martin discuss what’s next for Cuba’s regime, how President Trump’s Venezuela playbook is — and isn’t — playing out in Havana and the challenges both nations face as they adapt to Trump’s vision for the Western Hemisphere.

Read more: Can Cuba’s Regime Survive Rising US Pressure? 

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by David Gura; Produced by Rachael Lewis-Krisky; Reported by Eric Martin; Edited by Jeffrey Grocott.

Fact-checking by Laura Newcombe; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Trump administration is ramping up pressure on Cuba&rsquo;s regime. Just this month, it indicted former President Ra&uacute;l Castro, announced the deployment of additional military assets to the region and released a video message &mdash; featuring Secretary of State Marco Rubio &mdash; blaming Cuba&rsquo;s economic troubles on its government.
The push comes less than five months after the US captured one of Havana&rsquo;s staunchest allies, Venezuela&rsquo;s Nicol&aacute;s Maduro, which choked Cuba&rsquo;s oil supplies and plunged the island into darkness.
On today&rsquo;s Big Take podcast, host David Gura and Bloomberg State Department reporter Eric Martin discuss what&rsquo;s next for Cuba&rsquo;s regime, how President Trump&rsquo;s Venezuela playbook is &mdash; and isn&rsquo;t &mdash; playing out in Havana and the challenges both nations face as they adapt to Trump&rsquo;s vision for the Western Hemisphere.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-05-22/can-cuba-s-regime-survive-rising-us-pressure">Can Cuba&rsquo;s Regime Survive Rising US Pressure?</a>&nbsp;
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by David Gura; Produced by Rachael Lewis-Krisky; Reported by Eric Martin; Edited by Jeffrey Grocott.
Fact-checking by Laura Newcombe; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

US Threatens Cuba With Trump’s Venezuela Blueprint

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d57b8aa8-a92c-42fa-9475-b456015651ee/transcript

The Ebola outbreak in eastern Democratic Republic of Congo may have been spreading for months, according to the World Health Organization.

On this week’s episode of the Next Africa Podcast, Jennifer Zabasajja is joined by healthcare reporter Janice Kew and Congo Country Director for the Danish Refugee Council, Caitlin Brady. They discuss the impact of aid cuts on the outbreak and how serious the crisis could get.

For more stories from the region, sign up for the Next Africa newsletter.

The Ebola outbreak in eastern Democratic Republic of Congo may have been spreading for months, according to the World Health Organization.
On this week&rsquo;s episode of the Next Africa Podcast, Jennifer Zabasajja is joined by healthcare reporter Janice Kew and Congo Country Director for the Danish Refugee Council, Caitlin Brady. They discuss the impact of aid cuts on the outbreak and how serious the crisis could get.
For more stories from the region, sign up for the <a href="https://www.bloomberg.com/account/newsletters/next-africa">Next Africa newsletter.</a>

Next Africa: Did Aid Cuts Make The Ebola Outbreak Worse?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7ab6e3db-7944-4ff7-b45d-b4550147064f/transcript

The Shadowy Fleet of Tankers Moving Iranian Oil to China

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